3 De Febrero Group
Mirtha, one of the members, sells milk. She says that she works every day and begins her duties in the early morning hours. Mirtha says that she must leave extremely early so that she can deliver her product to the homes of her customers in time for breakfast. She wants to continue working, growing, and helping her family.
Mirtha is requesting a loan in order to buy milk. She wants to be stocked so that she can continue providing a good product to her customers.
Una de ellas es Mirtha, quien vende leche, y ella nos comenta que todos los días trabaja desde muy tempranas horas de la mañana, ya que tiene que dejar su producto bien temprano en la casa de sus clientes para poder servirlos para el desuno. Desea poder seguir trabajando y creciendo y ayudando a su familia.
Ella solicita el crédito para la compra de leche, con lo cual quiere poder surtirse y seguir dando un buen producto a sus clientes.
About Fundación ParaguayaFundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid